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Insider Buying Week 03-15-24

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Insider buying has been noticeably scarce in this bull leg of a market making all-time highs. The small amount of buying is not performing particularly well either.  You might find this news surprising from a hedge fund manager who has made a living reading these tea leaves for 23 years. Name: Ole G Rosgaard Position: President and CEO Transaction Date: 2024-03-08 Shares Bought: 4,914 Average Price Paid: $67.00 Cost: $329,235 Company: Greif Inc (GEF) Greif Inc. is a top global provider of industrial packaging goods and services, with operations in over 35 countries. The company provides a wide range of … Read more

Insider Buying Week 03-08-24 FOMO or FEAR?

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I’ve been struggling to explain the speculative frenzy I sense in the markets. Stocks routinely go up and down 20% on earnings or even something as trivial as an analyst upgrade or downgrade yet the underlying market seems calm, benign even. The VIX, which is the current mathematic model for measuring short-term volatility, steadily trends lower. The VIX is a measure of the volatility of the S&P 500, and by now, everyone understands that the capitalization-weighted nature of that index dominates the recent stock market performance. The popular but obsolete already term ‘Magnificent 7’ refers to a handful of mega … Read more

Notable Insider Buys Week of 8-23-19 as Trump Tweets Scare Investors

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We are throwing out AESE as this wasn’t filed correctly and upon further review, it was deemed not to be an open market purchase Fossil Group insiders bought $2.2 million worth of this watch and teen wear company. FOSL group is in a race down the down staircase with decreasing revenues and decreasing SGA. Change Health Care is McKesson’s giant conglomerate of health tech companies recently gone public with Blackstone as their private equity investors. I haven’t had good luck with private equity IPOs, saddled with debt and selling institutional investors. This one doesn’t have any long term debt but it … Read more

Insiders Put the Petal to the Metal as Animal Spirits Show Signs of Life

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Animal spirits are picking up.  This is the most buying we’ve seen since the market sell-off last December. One thing for sure, Insiders buy stocks when they think they are cheap.  Highlights are: Several insiders bought GE stock immediately prior to and immediately after Harry Markapolis’s interview on CNBC where he alleged fraud. Axogen Chairman bought $1 million worth of stock after the company she leads plunged 30% on weaker earnings forecast Outdoor billboard leader, Clear Channel newly appointed Chairman bought $913k at $2.28 per share.  CCO is loaded with debt. Three CIT insiders took advantage of low prices to … Read more

Notable Insider Buys Week Ending May 17, 2019

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The market gets scarier by the day.  Wealthy individuals pulled their money out at record rates not seen in seven years. Black swans seem to be showing up in multiple corners of the world, China trade war, Iran real war, just to mention a few. None the less that didn’t stop a few insiders with conviction loading up on their company’s stock. In fact, it’s the most buying we have seen in some time. We highlight those over $200,000 in this report.

Notable Insider Buys Skyrocket Week Ending 5-11-8

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$TSLA,$DDR,$SOHU,$ETM,$XRAY,$FLR,$AAT,$CVS,$CUTR,$D,$TEVA,$TUP,$UAL,$MHK,$AMP,$GOGO,$TEGP,$SMG,$LCII,$AYI,$HTZ,$AYI,$MTSI,$MO,$HFC,$DATA In this report, we examine stocks that C-level officers and directors bought and sold ending the week of May 11, 2018. Insiders sell stock for many reasons, but they generally buy for just one – to make money.  As a standard, we only look at material amounts of money, $100 thousand or more, as anything less could just be window dressing. The bar is different with selling, because the natural state of management is to be sellers. This is because most companies provide significant amounts of management compensation packages as stock. Therefore, with selling, we analyze for unusual patterns, … Read more